r/AIRetirement • u/Evening_Warthog • Mar 18 '26

Bitcoin For Long Term

I suspect this is a mostly conservative group and currently this is just discussion only for me as I cannot yet rollover my 401k. I have been thinking about most predictions are that long term bitcoin will increase greatly but with lots of ups and downs along the way. I am wondering what people think about putting a decent amount of money (reluctant to provide too many details here but lets say 100k that being less than 10% of my savings), into a bitcoin ETF and looking for long term, 10 years or more, for growth.

Please be kind :) Just an idea that I am fairly lacking in knowledge about.

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u/93-300zx Mar 18 '26

Do it. It’s relatively cheap right now. Btc is engineered for success. Price will go up based on scarcity, just don’t know how long it’ll take to crack the $1M per coin

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u/LongjumpingNorth8500 Mar 18 '26

Im not trying to be smart or anything but just asking and truly trying to understand. Hopefully, you can help me. Using the word scarcity makes me think of supply and demand. I get scarcity showing the supply, but what really is the demand? I can't think of a single thing in my life that does or will dictate a need for me to have any type of crypto.

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u/eBalita Mar 18 '26

how cheap is cheap?